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To: Dog Gone; randita; Robert357
Here are some applicable threads:

California Grid Operator Accepts Responsibility

LOS ANGELE- 7/5/2001 – The operator of the state's power grid has acknowledged that it was responsible for a power plant's production swings that Gov. Gray Davis had called evidence of price gouging by out-of-state energy companies, two newspapers reported Sunday.

AES: Role In Calif Power Market Misrepresented By CPUC Report

LOS ANGELES -(Dow Jones)- AES Corp's role in the California power market was mischaracterized in a report by state regulators that said energy firms failed to generate available power during blackouts, the company said in a response to the report seen by Dow Jones Newswires.

AES owns and operates three power plants from which it has agreed to sell all the energy to the Williams Companies . The contract price of power isn't affected by the real-time market price, and AES generates power only when told to do so by Williams, AES said.

California Agency Is Reluctant To Assume State Power Costs

WSJ - 2/12/2001 - The grid operator, known as the California Independent System Operator, was continuing to buy any additional electricity required for system reliability. During past several months, the ISO has been forced to obtain as much as a third of the state's needed power daily.

However, the ISO doesn't have any money to pay the power bills...

El Paso cranks up public relations machine

Houston Chronicle - 10/15/2002 - The fact that El Paso had been ordered to reduce pressure in its line during the period in question is not disputed by anyone, yet the corrective order that was in effect during the period is not even mentioned in the judge's recommendation.

18 posted on 01/21/2003 4:41:07 AM PST by snopercod (Repeal the 17th Amendment!)
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To: snopercod
Thanks for the reminder. Were there situations where the ISO was colluding with friendly entities to bid up over-scheduled power to sell it out of state for top dollar?

Something about that jogs my memory.
19 posted on 01/21/2003 5:57:23 AM PST by randita
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